Insights and Stories on Trump

Aug. 20, 2019 at 3:53 pm CDT

New York/Washington | Reuters — President Donald Trump’s administration has been scrambling to stem the tide of rising anger in Farm Belt states after its decision this month to allow numerous oil refiners to mix less ethanol into their gasoline, sources told Reuters on Tuesday. Trump held a two-hour meeting […]

By Humeyra Pamuk, Jarrett Renshaw

Aug. 19, 2019 at 6:31 pm CDT

Chicago | Reuters — U.S. corn futures fell 1.6 per cent on Monday and soybean futures also declined after much-needed rains crossed dry areas of the Corn Belt over the weekend, bolstering crop production prospects, analysts said. Wheat followed the softer trend. Chicago Board of Trade December corn settled down […]

By Julie Ingwersen

Aug. 16, 2019 at 5:02 pm CDT

Chicago | Reuters — U.S. corn, soybean and wheat futures rose on Friday on a technical rebound as traders evened up positions after the grains market posted sharp declines during the week. The heavy weekly losses — corn posted its biggest weekly drop in percentage terms since June 2016 — […]

By Mark Weinraub

Aug. 16, 2019 at 3:51 pm CDT

Washington | Reuters — Iowa’s Republican Senator Chuck Grassley said the Trump administration’s Environmental Protection Agency has “screwed” the U.S. ethanol industry and farmers by granting waivers to 31 small petroleum refineries, effectively exempting them from an obligation to use more ethanol in their products. The powerful senator, who represents […]

By Humeyra Pamuk

Aug. 14, 2019 at 4:04 pm CDT

MarketsFarm — For Steve Georgy, the events of this week have left him somewhat gobsmacked. The president of Allendale Inc. at McHenry, Ill. said he didn’t completely buy the numbers in the August supply and demand report issued Monday by the U.S. Department of Agriculture (USDA). And Georgy has been […]

By Glen Hallick - MarketsFarm